Relevant Liability definition

Relevant Liability means any cost, charge, loss, damage, expense or liability which any person may suffer or incur:

Relevant Liability means any payment obligation of the Bank under any Relevant Indebtedness of the Bank or under any guarantee or indemnity given by the Bank in respect of any Relevant Indebtedness of any other person; and

Relevant Liability means, in relation to any Cashout Amount or other settlement of an Award, an amount equal to any sums which the Service Recipient or any other Member of the Group are be obliged to deduct by law including (without limitation) the amount of income tax and social security (including national insurance) contributions for which such company has or is required to account to the taxation authorities in any jurisdiction as a consequence of a payment to the Participant of the Cashout Amount or other settlement of an Award;

Examples of Relevant Liability in a sentence

• In this Deed, unless the context otherwise requires, the following definitions apply: Act means the Local Authorities (Indemnities for Members and Officers) Order 2004; Relevant Liability means a liability falling within clause 3.1.

• The Director shall not be entitled to recover more than once pursuant to this Deed in respect of any matter giving rise to a Relevant Liability.

• Any question as to whether any amount is a Relevant Liability shall be decided conclusively by the Transferee Board, having taken account of Appropriate Actuarial Advice.

• The obligation of the Council to indemnify the Director pursuant to clause 3.1 shall (subject to clauses 3.2 and 3.4 and 5) remain in full force and effect in respect of any Relevant Liability arising from the acts or omissions of the Director at any time during her period of office as a director on the board including, without limitation, any Relevant Liability arising from the Director's acts or omissions during such period but incurred after she ceases to hold the office of director on the board.

• An Eligible Person must co-operate with the Administrator and provide all such assistance and information which the Administrator may request in respect of the conduct of a Claim made in respect of a Relevant Liability of the Eligible Person.

More Definitions of Relevant Liability

Relevant Liability a liability in respect of which a contract of insurance must be in force to comply with part VI of the Road Traffic Xxx 0000;

Relevant Liability means a liability in respect of which a contract of insurance must be in force to comply with the 1986 Act and, for the purposes of this Agreement, that obligation is deemed to extend to a liability arising from the use of a trailer as a vehicle, where “trailer” has the meaning given in section 2 of the Traffic Xxx 0000;

Relevant Liability means the obligation of any person to make any

Relevant Liability has the meaning set forth in Section 1.6(i).

Relevant Liability means a liability in respect of which a contract of insurance must be in force to comply with Article 2 of the Law;

Relevant Liability means any tax, social security contributions, levy, charge or other payroll deductions required by law arising out of or in connection with an Award for which the Participant is liable (or which may be recovered from the Participant) and for which any Group Member or former Group Member is obliged to pay or account to any relevant authority, or any reasonable estimate thereof;

Relevant Liability means the obligation of any person to make anypayment or to take or secure the taking of any action in relation to an Environmental Condition or the Direction of a Competent Authority of the kind referred to in Condition E2.1.1(b);